The New Zealand dollar rose against other most-traded currencies, jumping to the highest level in three years, after Finance Minister Bill English claimed that the fast growth of the inflation won’t damage…
The Canadian dollar advanced versus the US dollar and the euro after crude oil gained. The currency fell against the Japanese yen on prospect of increasing tightening in China. The good economic reports from the US…
The Australian dollar dropped today versus the euro and fluctuated against the US currency on the speculation that China will increase its interest rates to rein the rapid growth of the economy. The inflation, that grew…
The euro went down today after Moodyâs Investors Service downgraded Ireland’s credit rating, fueling worries that debt problems will cripple the peripheral economies of the European Union. Moody’s lowered…
The Great Britain pound jumped today after the report showed the improvement of the UK consumers’ confidence, encouraging analysts to talk about a possible increase of the lending rates by the nation’s central bank. The Nationwide report…
The Canadian dollar fell today as concerns about the sovereign-debt crisis in Europe sapped demand from growth-related currencies. The loonie erased its losses versus the US dollar. Worries about Europe’s debt…
The US dollar fell against most major currencies today on the speculation that the Federal Reserve will lag behind the European Central Bank in increasing its borrowing costs as the US economy isn’t…
The euro fell versus the US dollar today on concerns that Greece and other indebted nation of the European Union will be required to restructure their debt. The currency pair somewhat recovered after…
The Australian dollar slipped today against most major currencies on concerns about the European sovereign issues and as the Asian stocks fell after Singapore signaled about possible tightening. The Monetary Authority of Singapore…
The Swedish krona strengthened today after the government raised its growth forecast for the nation’s economy, adding to reasons for the central bank to raise its interest rates. The government estimated that Sweden’s economy…